Industrial Ancillaries Limited

Industrial Ancillaries Ltd, based in Chesterfield, UK, is a well-established family business with a strong 5.0 Google rating from 16 reviews. Founded 51 years ago in 1973, the company employs 23 people and holds assets of £4,296,587. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company operates from a real address and is managed by four directors and three owners, with Dennis Jamie Alexander, Harper Kathleen Rosalind, and Harper Raymond John listed as key figures.

Industrial Ancillaries Ltd specializes in the wholesale of intermediate products, acting as a distributor for hydraulic, pneumatic, and fluid power components. Its website showcases a vast range of products, including fittings, valves, hoses, and accessories from leading brands like Hamlet, Festo, and Vale. The company doesn's appear to be primarily an e-commerce operation, but rather a distributor serving industrial clients. It offers a "quick buy" feature and a catalogue for easy ordering, and emphasizes its service to industry.

Financially, the company's performance shows mixed signals. Accrued liabilities and deferred income increased significantly by 230%, while cash bank on hand decreased by 82%. Bank borrowings increased by 34%, and net assets increased by 8.6%. Creditors decreased by 18%, suggesting better debt management. The company’s bank overdraft was dramatically reduced, falling by 98%. While the company's turnover isn't explicitly stated, the decrease in cash reserves and increase in liabilities may indicate tighter margins or increased investment. The lack of an auditor mentioned suggests that the company is exempt from full auditing, relying on unaudited statements. Overall, Industrial Ancillaries Ltd appears to be a stable, long-standing business, but the recent financial trends warrant closer monitoring.

Registered in England/Wales under the registration number 01128401, with a registered address at S44 5JX, Chesterfield, Derbyshire, Harper Way, Markham Vale.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.